Forex headlines for September 18, 2014: US initial jobless claims 280k vs 305k exp US August housing starts 956K vs 1037K expected Benchmark revisions add 7,000 more jobs to US payrolls SNB hasn’t excluded using negative rates says Jordan Jordan: … Continue reading
As the Scottish independence vote is finally taking place today, Nomurs is out with a note outlining its strategy for playing GBP after the vote: Strategy after a Yes vote In the event of a “yes” vote, we recommend to … Continue reading
Cable is slipping to the downside and is at 1.6361 but it only starts to get interesting if 1.6346 breaks. There is a lot of fast money sitting very precariously and it could get squeezed below there. But it looks … Continue reading
Taming a savage beast like TSLA (and the forex market) by defining and limiting risk RE-POSTED from last night: Remember the post from a few weeks ago after Elon Musk said TSLA was too high. Well, I thought I would revisit … Continue reading
All the focus in on the pound for the next 12 hours but here’s a look at what’s cooking in EUR/USD: Bids: 1.2900, talk of bids and options 1.2850 bids, options 1.2835 Asian low 1.2800 barrier talk Offers 1.2930, Intraday … Continue reading
This is my picture from earlier in the day (CLICK HERE). The EURUSD broke back above the resistance and has some final pieces to get above – the 200 and 100 hour MAs (green and blue lines). Without getting any … Continue reading
Prior sale way back in May was 0.249% Bid-to-cover at 2.20 vs 2.49 prior A four basis point tail is a big miss and the pain has spread across the curve with benchmark 10-year yields up quickly to 2.63% from … Continue reading
Just before I shoot off we might as well have a quick poll to gauge your thoughts on the fate of Her Majesty’s quid.
Ha ha ha “maybe”. That’s top notch leadership right there folks. “Maybe” my cable longs will go to 2.000 tonight and I’ll sprout wings and fly over Scotland singing God save the Queen
The Q1 increase revised down to $1234B from $1490B. Moar for the 1%ers.
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